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Showing posts from April, 2022

NFT Staking

  In crypto space, we often hear about “staking”, and how “staking” can generate lots of passive income, and sometimes generate more than actually mining ETH.  Similar to cryptocurrency staking, NFT staking is another way to earn passive income. What is NFT staking? Let us take a step back to understand what NFTs are, NFTs are tokenized assets that allow you to buy and sell digital assets as well as real-world assets such as real estate on decentralized infrastructure. Using NFTs, asset holders acquire a sole proprietorship of an asset. Unlike fiat currencies and alternative tokens such as cryptocurrencies, the two NFTs are not the same and cannot be duplicated. NFT staking allows users to earn rewards as a passive way of earning money. Stakers are rewarded for holding or locking NFTs on the platform.  This protects the network and rewards NFT token holders in return for providing security. The reward depends on the NFT bet, the bet period, and the APY or annual interest rate.  Stakeho

Stake NFT earn NFT

Official site it's still in construction but till then you can buy and hold our NFT's on your wallet and earn more day by day till we open the site. We take a snapshoot from the day one you bought the NFT's from us and calculate the daily stake you keep in your wallet address till the STAKE site will go online then in the first 24 hours everyone will get the NFT's drop directly in their wallets. As you know there are many sites where you can stake your NFT's to earn specific tokens from the project but we think the most important is to build something that will increase the NFT collection price each time by earning more NFT's from the same collection. FEATURES Lock up duration: 15, 30, 90, 365 days REWARDS STAKE x100 NFT's = EARN x 1 NFT/day NFT Distribution : For each 100 NFT's hold in wallet address = reward 1 NFT per day APY RATE at this moment: STAKE 1x NFT = 0.01 NFT/day = 100 days = 1 NFT

3 reasons Polygon is a better alternative for NFT Market

  Since the boom of cryptocurrency as a means of  effective money transactions, investors have been regularly checking the price charts by monitoring websites like  Binance .  Cryptocurrency’s decentralized environment, time and cost efficiency, and expandable use cases give it a certain appeal that traditional, centralized financial systems lack.  Among the interesting innovations in the cryptocurrency space are  non-fungible tokens or NFTs .  Unlike crypto coins, NFTs are one-of-a-kind, like original artwork or a collectable baseball card.  Their value lies in that uniqueness.  But being a blockchain innovation, NFTs have no central authority to mint them. Minting NFTs is as decentralized as buying and selling them.  Most NFTs are minted, bought, and sold on platforms powered by the Ethereum blockchain, though other blockchains are also starting to enter the market.  Despite its current dominance, however, Ethereum has some limitations. One of these is its low throughput, or processi

Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plans

  Epic Games, online game writer behind well-liked PC and console recreation Fortnite, introduced a $2 billion funding spherical with plans to speed up the corporate’s imaginative and prescient to make its mark within the Metaverse.  The deal, which continues to be topic to customary regulatory approvals would deliver Epic’s fairness valuation to $31.5 billion. This spherical features a respective $1 billion funding from present investor Sony Group Corporation and from KIRKBI, the holding firm behind the LEGO Group.  Sony, the corporate behind PlayStation consoles, additionally invested $200 million into Epic in April, 2021. According to a press release, the three companions plan to mix experience and applied sciences to affect the way forward for leisure and digital play by creating new digital manufacturing initiatives and digital fan experiences in sports activities and gaming.  Announcing a $2 billion funding spherical with Sony and KIRKBI to construct the way forward for digital l

Bitcoin Becomes Legal Tender in Honduran Special Economic Zone

  Bitcoin and other  cryptocurrencies  have become legal tender in a special economic zone on an island on Honduras' Caribbean coast, officials said. The tourist-centric island - named "Honduras Prospera" - was  established  in 2020 to uplift investment. It has administrative, fiscal and budgetary autonomy. "Prospera's flexible regulatory framework enables crypto-innovation and the use of Bitcoin by residents, businesses, and governments," Honduras Prospera said in a statement. According to Reuters, the economic zone will also allow municipalities, local governments and global firms to issue bitcoin bonds from the area's jurisdiction. Honduras Prospera covers parts of the picturesque Roatan island as well as the city of La Ceiba on Honduras' Atlantic Coast. Meanwhile, neighbouring country El Salvador adopted bitcoin as legal tender in September last year. In doing so, El Salvador became the first country to do so even though the roll-out was bumpy an

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